Life Time Group Holdings Inc (LTH) Shares on the Decline: Short-term Analysis

Life Time Group Holdings Inc [LTH] stock is trading at $14.67, down -0.14%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LTH shares have gain 8.51% over the last week, with a monthly amount glided 10.47%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Life Time Group Holdings Inc [NYSE: LTH] stock has seen the most recent analyst activity on October 04, 2023, when Wells Fargo upgraded its rating to a Equal Weight but kept the price target unchanged to $17 for it. On August 11, 2022, downgrade downgraded it’s rating to Underweight and revised its price target to $13 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $19 on November 01, 2021. RBC Capital Mkts initiated its recommendation with a Outperform and recommended $21 as its price target on November 01, 2021. Oppenheimer started tracking with a Outperform rating for this stock on November 01, 2021, and assigned it a price target of $40. In a note dated November 01, 2021, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $21 on this stock.

Life Time Group Holdings Inc [LTH] stock has fluctuated between $11.10 and $22.41 over the past year. Currently, Wall Street analysts expect the stock to reach $14.5 within the next 12 months. Life Time Group Holdings Inc [NYSE: LTH] shares were valued at $14.67 at the most recent close of the market. An investor can expect a potential drop of -1.16% based on the average LTH price forecast.

Analyzing the LTH fundamentals

Life Time Group Holdings Inc [NYSE:LTH] reported sales of 2.22B for the trailing twelve months, which represents a growth of 18.23%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.44 points at the first support level, and at 14.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.97, and for the 2nd resistance point, it is at 15.28.

Life Time Group Holdings Inc [LTH] reported earnings per share of $0.12 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.08/share, meaning a difference of $0.04 and a surprise factor of 50.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.04 per share as compared to estimates of $0.12 per share, a difference of -$0.08 representing a surprise of -66.70%.

Ratios To Look Out For

For context, Life Time Group Holdings Inc’s Current Ratio is 0.31. Further, the Quick Ratio stands at 0.22, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 39.27.

Transactions by insiders

Recent insider trading involved Weaver Erik, SVP, INTERIM CFO & CONTROLLER, that happened on Mar 05 ’24 when 860.0 shares were sold. EVP & CHIEF DIGITAL OFFICER, Singh Ritadhwaja Jebens completed a deal on Mar 01 ’24 to sell 10828.0 shares. Meanwhile, SVP, INTERIM CFO & CONTROLLER Weaver Erik sold 20579.0 shares on Feb 29 ’24.

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